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It's just a base salary, there are many components to an NFL contract and he restructured salary into signing bonus for cap purposes. Don't worry his bottom line still puts him way up near the top of the list.

Re: Is this accurate? Why is Eli salary so low?

Back when he signed his deal it was one of the richest for QBs and worth over a 100million. Sme on here thought he was overpaid and he got too much

Football has been very, very good to us.
Even though 2013-2015 were 3 losing season's, we can console ourselves with this fact-

# of Super Bowl victories since 1985:

1-Chicago, St. Louis, Tampa Bay, Indianapolis, New Orleans, Seattle
2-Washington, Green Bay, Pittsburgh, Baltimore
3-San Francisco, Dallas, Denver
4-New York Giants!!! & NE
Let's make it 5 in 2016 so we can be on a LINE all by ourselves again!!!

Re: Is this accurate? Why is Eli salary so low?

As a matter of fact people on here including me have been posting thin threads that he should consider restructuring to be able to resign same key players over past several seasons

Football has been very, very good to us.
Even though 2013-2015 were 3 losing season's, we can console ourselves with this fact-

# of Super Bowl victories since 1985:

1-Chicago, St. Louis, Tampa Bay, Indianapolis, New Orleans, Seattle
2-Washington, Green Bay, Pittsburgh, Baltimore
3-San Francisco, Dallas, Denver
4-New York Giants!!! & NE
Let's make it 5 in 2016 so we can be on a LINE all by ourselves again!!!

He restructured. He's at 1.75 on the books. Like 8-9 million in guaranteed bonus money this year

I wish my agent could get me 8 million automatically at the turn of the fiscal year...[/quote]

So then bonuses don't count against the CAP? If that were true why don't all teams do that then the cap would never enter into the equation. Are you saying they are paying him an additional 9 mil this year under the table so to speak? That could lead to loss draft pics if GODell hears about that then.

He restructured. He's at 1.75 on the books. Like 8-9 million in guaranteed bonus money this year

I wish my agent could get me 8 million automatically at the turn of the fiscal year...[/quote]

So then bonuses don't count against the CAP? If that were true why don't all teams do that then the cap would never enter into the equation. Are you saying they are paying him an additional 9 mil this year under the table so to speak? That could lead to loss draft pics if GODell hears about that then.[/quote]

Guaranteed money does not count against the CAP. He is getting that $9 mil whether he takes a snap or decides to go hang out and get high with Jamarcus Russell and Ryan Leaf.

Speaking of those 2, that is exactly why teams just don't throw around contracts with large amounts of guaranteed money. []

Re: Is this accurate? Why is Eli salary so low?

Bonuses do count against the cap. They get spread out though in terms of cap hit. His bonus this year gets divided by the remaining years of the contract. Eli gets the whole bonus, but the salary cap only shows this year's portion.

Re: Is this accurate? Why is Eli salary so low?

Eli recently restructured his contract specifically to reduce his base salary and overall cap hit. Any upfront money does count towards the cap, but it can be spread out over the duration of the contract. The restructure saved 6.75 mil against the cap.